Senior Crude Oil Trader

ZipRecruiter; London; On-site; GBP 80,000 - 150,000; Full time

Job summary

A leading energy trading business in London is seeking a Senior Crude Oil Trader to join their fast-growing trading team. This role involves managing trades, developing market strategies, and leveraging a robust commercial network in the crude oil market. The ideal candidate will have significant experience and demonstrate strong analytical and risk management skills, contributing to the expansion of the trading desk.

Benefits

Highly competitive base salary + performance-driven bonus

Autonomy to develop trading strategies

Exposure to international markets

Qualifications

• 7-10+ years of proven experience in physical or derivatives crude oil trading.
• Strong commercial network across the crude oil supply chain.
• Deep knowledge of global flows, arbitrage, pricing mechanisms, and logistics.

Responsibilities

• Execute and manage physical and/or paper crude oil trades.
• Develop and maintain strong relationships with industry counterparts.
• Identify arbitrage opportunities and develop profitable trading strategies.

Skills

Analytical skills

Commercial skills

Deal structuring

Risk management

Job description

Job DescriptionJob Title: Senior Crude Oil Trader - paper or physical

Location: London, United Kingdom
Department: Trading - Crude Oil
Type: Full-time / Permanent
Job Overview:

We are seeking a highly experienced and commercially astute Senior Crude Oil Trader to join our London trading team. You will be responsible for originating and executing physical and/or paper crude oil trades, managing commercial relationships, and driving P&L growth.

This role requires deep market expertise, a robust network of counterparties, and strong risk management capabilities. The successful candidate will play a key role in expanding our global crude oil book.
Key Responsibilities:

• Execute and manage physical and/or paper crude oil trades (Brent, WTI, Dubai, etc.)
• Source cargoes and structure sales across key global markets (Europe, Middle East, Americas, Asia)
• Develop and maintain strong relationships with producers, refiners, NOCs, IOCs, traders, and shipping counterparts
• Identify arbitrage opportunities and develop profitable trading strategies
• Monitor global market trends, fundamentals, geopolitics, and price movements
• Coordinate closely with operations, shipping, risk, legal, and finance teams
• Ensure compliance with risk policies and trading limits
• Contribute to strategic development of the crude trading desk and new market entries

Profile:

• 7-10+ years of proven experience in physical or derivatives crude oil trading
• Strong commercial network across the crude oil supply chain
• Deep knowledge of global flows, arbitrage, freight, pricing mechanisms, and logistics
• Strong analytical, commercial, and deal structuring skills
• Experience with hedging and derivatives (ICE, CME, swaps, options)
• Entrepreneurial mindset and ability to manage a trading book independently
• High level of integrity, risk awareness, and compliance understanding

What's on Offer:

• Highly competitive base salary + performance-driven bonus
• Autonomy and support to develop your own trading strategies and book
• Opportunity to join a dynamic, fast-growing energy trading business
• Exposure to international markets and cross-desk collaboration